InsiderEdge™ – Top Sales and Top Purchases – October 22, 2024

Top Purchases

The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

The 10% Owner at Global Crossing Airlines Group Inc. ($JETMF) 

The 10% Owner purchased 4,261,630 shares at $0.47/share ($2.01M total) which increased their vested holdings by 56.8%. The current price is $0.67 (+41.8%). Their median purchase size is $24,874.90 and this is their 1st largest purchase out of 39 all time. (SEC Source

Historic Returns
1m returns: 8% weighted | -2% median | 37% win rate (14/38)
3m returns: 14% weighted | 1% median | 58% win rate (22/38)
6m returns: 46% weighted | 3% median | 51% win rate (19/37)
1y returns: 60% weighted | 27% median | 67% win rate (24/36)   

Co-President at HEICO CORP ($HEI) 

The Co-President purchased 726 shares at $262.94/share ($191K total) which increased their vested holdings by 0.0%. The current price is $261.10 (-0.7%). Their median purchase size is $115K and this is their 2nd largest purchase out of 11 all time. (SEC Source

Historic Returns
1m returns: 6% weighted | 6% median | 90% win rate (9/10)
3m returns: 8% weighted | 7% median | 90% win rate (9/10)
6m returns: 10% weighted | 18% median | 90% win rate (9/10)
1y returns: 25% weighted | 35% median | 80% win rate (8/10)  

Note: 9 other insiders also purchased the stock  

E.V.P. at ADAMS NATURAL RESOURCES FUND, INC. ($PEO) 

The E.V.P. purchased 1,000 shares at $23.98/share ($23,980.00 total) which increased their vested holdings by 7.1%. The current price is $23.95 (-0.1%). Their median purchase size is $24,690.00 and this is their 3rd largest purchase out of 3 all time. (SEC Source

Historic Returns
1m returns: 3% weighted | 3% median | 100% win rate (2/2)
3m returns: 12% weighted | 10% median | 100% win rate (2/2)
6m returns: 17% weighted | 17% median | 100% win rate (1/1)
1y returns: N/A 


Top Sales

The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.

The 10% Owner at BigBear.ai Holdings, Inc. ($BBAI) 

The 10% Owner sold 399,609 shares at $1.77/share ($707K total) which decreased their vested holdings by 0.3%. The current price is $1.73 (-2.2%). Their median sale size is $4.17M and this is their 12th largest sale out of 12 all time. (SEC Source

Historic Returns
1m returns: -20% weighted | -1% median | 30% win rate (3/10)
3m returns: -41% weighted | -41% median | 0% win rate (0/10)
6m returns: -34% weighted | -27% median | 0% win rate (0/10)
1y returns: -35% weighted | -36% median | 0% win rate (0/7)   

EVP & Chief Operations Officer at United Airlines Holdings, Inc. ($UAL) 

The EVP & Chief Operations Officer sold 14,500 shares at $72.00/share ($1.04M total) which decreased their vested holdings by 32.3%. The current price is $74.00 (+2.8%). Their median sale size is $750K and this is their 1st largest sale out of 2 all time. (SEC Source

Historic Returns
1m returns: -16% weighted | -16% median | 0% win rate (0/1)
3m returns: -29% weighted | -29% median | 0% win rate (0/1)
6m returns: -21% weighted | -21% median | 0% win rate (0/1)
1y returns: -17% weighted | -17% median | 0% win rate (0/1)   

Vice Chair at US BANCORP \DE\ ($USB) 

The Vice Chair sold 25,000 shares at $49.03/share ($1.23M total) which decreased their vested holdings by 16.2%. The current price is $47.92 (-2.3%). Their median sale size is $690K and this is their 1st largest sale out of 2 all time. (SEC Source

Historic Returns
1m returns: 1% weighted | 1% median | 100% win rate (1/1)
3m returns: -7% weighted | -7% median | 0% win rate (0/1)
6m returns: -48% weighted | -48% median | 0% win rate (0/1)
1y returns: -27% weighted | -27% median | 0% win rate (0/1)  

Note: 1 other insiders also sold the stock  

Executive Vice President at STATE STREET CORP ($STT) 

The Executive Vice President sold 13,859 shares at $91.32/share ($1.27M total) which decreased their vested holdings by 20.1%. The current price is $90.19 (-1.2%). Their median sale size is $1.03M and this is their 1st largest sale out of 3 all time. (SEC Source

Historic Returns
1m returns: -7% weighted | -7% median | 50% win rate (1/2)
3m returns: -22% weighted | -22% median | 0% win rate (0/1)
6m returns: -23% weighted | -23% median | 0% win rate (0/1)
1y returns: -18% weighted | -18% median | 0% win rate (0/1)   

Pres., Strategic Alternatives at AlTi Global, Inc. ($ALTI) 

The Pres., Strategic Alternatives sold 7,991 shares at $4.00/share ($31,964.00 total) which decreased their vested holdings by 2.0%. The current price is $3.94 (-1.5%). Their median sale size is $24,868.80 and this is their 5th largest sale out of 22 all time. (SEC Source

Historic Returns
1m returns: -5% weighted | -8% median | 33% win rate (7/21)
3m returns: -15% weighted | -17% median | 0% win rate (0/7)
6m returns: -29% weighted | -29% median | 0% win rate (0/1)
1y returns: N/A 


Disclaimer: The content provided by InsiderEdge™ is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. The historical performance noted in this post is not is not indicative of future results. Investing involves risk, including the potential loss of principal. Use the platform at your own risk and consult a financial advisor before making any investment decisions. In partnership with Yellowbrick Investing Inc.

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